M&A Deal Summary

Auto Driveaway Systems Acquires Sparkl Mobile

On December 5, 2019, Auto Driveaway Systems acquired consumer services company Sparkl Mobile

Acquisition Highlights
  • This is Auto Driveaway Systems’ 1st transaction in the Consumer Services sector.
  • This is Auto Driveaway Systems’ 2nd transaction in the United States.
  • This is Auto Driveaway Systems’ 1st transaction in Illinois.

M&A Deal Summary

Date 2019-12-05
Target Sparkl Mobile
Sector Consumer Services
Buyer(s) Auto Driveaway Systems
Deal Type Add-on Acquisition

Target

Sparkl Mobile

Chicago, Illinois, United States
Sparkl Mobile is a provider of mobile, eco-friendly, waterless car wash and detailing services. By developing proprietary technology tools and a mobile app, along with waterless and eco-friendly products, Sparkl brings its vehicle cleaning services directly to its customers no matter where they are, virtually eliminating downtime. Sparkl Mobile was formed in 2016 and is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

Auto Driveaway Systems

Lombard, Illinois, United States

Category Company
Founded 1952
Sector Transportation
DESCRIPTION

Auto Driveaway Systems is a provider of professional vehicle relocation services. Auto Driveaway Systems was founded in 1952 and is based in Lombard, Illinois.


DEAL STATS #
Overall 2 of 2
Sector: Consumer Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-16 J&J Driveaway

Stilwell, Kansas, United States

J&J Driveaway, Inc. is a provider of heavy truck (Class 7 and Class 8) transport services along with boutique freight brokerage services. J&J moves trucks, complex assets, and other freight using drivers in 49 states and parts of Canada for over 500 customers including OEM truck manufacturers, Fortune 500 companies, dealerships and purchasers of new and used heavy trucks.

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